https://www.taxtmi.com/caselaws?id=775846 A reassessment addition cannot be sustained when the reopening was initiated on one recorded reason but the final addition was made on a different issue. Here, reassessment was opened on the basis of alleged acquisition of capital assets or purchase of immovable property, yet the assessment ultimately added alleged capital gains from a sale transaction. Because no addition was made on the recorded reopening ground, the impugned addition was held unsustainable and was deleted, with the assessee succeeding on the reassessment challenge. en-us Wed, 04 Jun 2025 00:00:00 +0530 Fri, 01 Aug 2025 08:15:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775846 A reassessment addition cannot be sustained when the reopening was initiated on one recorded reason but the final addition was made on a different issue. Here, reassessment was opened on the basis of alleged acquisition of capital assets or purchase of immovable property, yet the assessment ultimately added alleged capital gains from a sale transaction. Because no addition was made on the recorded reopening ground, the impugned addition was held unsustainable and was deleted, with the assessee succeeding on the reassessment challenge. Case-Laws Income Tax Wed, 04 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775846